Rs82 billion plan unveiled for the agriculture sector

Talking about crop yield, Mr Sultan shared an investment of Rs4 billion will be done via promoting mechanisation

Byco commissions country’s largest isomerisation plant

KARACHI: Byco's wholly owned subsidiary, Byco Isomerisation Pakistan (Private) Limited has commissioned the country's largest isomerisation plant. Byco has employed a superior technology...

Appointment of FMU DG a herculean task as country faces FATF grey list challenge

ISLAMABAD: It could be a daunting task for the government to appoint the new Director General (DG) of Financial Management Unit (FMU),...

SWIFT makes headlines as hackers steal $6mn from Russian bank

MAGNITOGORSK: Unknown hackers stole 339.5 million roubles ($6 million) from a Russian bank last year in an attack using the SWIFT international...

Packages Limited completes 35pc acquisition of Stora Enso’s stake in BPL

Karachi: In a notification sent to the bourse on Tuesday, Packages Limited announced that it had completed its 35pc acquisition of Stora...

Govt committed to reviving sick textile units: Dawood

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Thursday that the government was taking all possible measures to attract...

How paramilitary helped Advans Bank double its size in one year

As peace returns to Karachi, losses spread over half a dozen years are now consigned to the past

Industries to bear ten-hour power outages in Ramzan

Former APTMA chairman Ijaz Gohar said exports could nosedive by $500 million a month if the 10-hour power outages schedule got enforced

PLTL annuls LNG terminal agreement with PGPCL

ISLAMABAD: Pakistan LNG Terminals Limited (PLTL) has terminated the operation and service agreement (OSA) of the LNG re-gasification terminal with Pakistan Gas...
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Xiaomi rolls out Android 10 update for Pakistani users

ISLAMABAD: Chinese electronics company Xiaomi started rolling out the Android 10 update for its Redmi Note 8 Pro smartphone in Pakistan. Two days...

ADB appoints Ahmed M Saeed as vice president

The Asian Development Bank (ADB) has appointed Ahmed M Saeed as Vice-President. Saeed will be responsible for operations in the Southeast Asia...

Siemens Gamesa to supply 50 MW turbine generators for zephyr power

KARACHI:  Siemens Gamesa will be supplying 25 units of G114 2.0 MW Wind Turbine Generators for Zephyr Power (Pvt.) Limited, which will...

NAB arrests 8 accused in Fisherman Cooperative Society

KARACHI: The National Accountability Bureau (NAB) Karachi Tuesday arrested eight accused and nominated in Reference No 2/2018 filed in the accountability court at Karachi. The...

266.5MW of wind and solar power could be added to national grid

Five potential power companies have shown their interest by seeking generation licenses from the National Electric Power Regulatory Authority (NEPRA). These companies are...

Govt contemplating merger of Pakistan LNG Limited, Pakistan LNG Terminal Ltd

ISLAMABAD: The government is contemplating the amalgamation of two state-owned liquefied natural gas (LNG) entities namely Pakistan LNG Terminals Limited and Pakistan...